- July 20th, 2023
European Gas Falls on Norway Flows With Bearish Mood Picking Up
European natural gas declined as recovering fuel flows from Norway eased supply concerns, with investors becoming more bearish again. ›
European natural gas declined as recovering fuel flows from Norway eased supply concerns, with investors becoming more bearish again. ›
Oil prices were little changed on Thursday as a lower-than-expected drop in U.S. crude inventories and a potentially weaker demand outlook kept investors cautious. ›
European natural gas prices fell as traders weighed rising storage levels and increased flows from top producer Norway against the impact of extreme heat in southern parts of the continent. ›
Global oil prices were little changed on Wednesday as markets weighed U.S. demand concerns against China’s pledge to support economic growth. ›
Dutch and British wholesale gas prices rebounded slightly on Tuesday morning as the impact of the restart of the Norwegian Nyhamna gas processing plant faded, and as more maintenance outages are expected in August. ›
Oil prices were little changed on Tuesday as investors weighed a possible tightening of U.S. crude supplies against weaker-than-expected Chinese economic growth. ›
European natural gas prices slumped as supplies from Norway soared due to the completion of major maintenance. ›
Oil prices extended their decline into a second session on Monday after China’s second-quarter growth came in weaker than expected, fuelling concern about demand in the world’s No. 2 oil consumer, while Libya resumed production on the weekend. ›
European natural gas prices are poised for their biggest weekly drop this year as the region continues to fill up its storage facilities and demand for the fuel remains lackluster. ›
Oil prices were set to post their third straight week of gains for the first time since April despite falling slightly on Friday, due to broader supply concerns over disruptions in Libya and Nigeria, and hopes of higher U.S. crude demand amid cooling inflation. ›